Experience the timeless elegance of a meticulously updated Victorian-era residence nestled in the vibrant heart of historic downtown Nevada City. This exquisite property, featuring a charming tiny house and serene frontage along Buckeye Creek, is a mere two blocks from the bustling heart of the city's dining, shopping, and nightlife. The Schoolhouse Red Home shines with a harmonious blend of modern updates and original character, offering a light, bright, and airy ambiance. Hardwood floors gleam throughout the ground floor's everyday living spaces. The living room, expansive and filled with natural light, features wood-paneled ceilings that add warmth and texture. The kitchen has been transformed into a masterpiece of design, featuring a copper farmhouse sink, quartzite countertops, birch cabinetry, a beadboard backsplash, and top-of-the-line appliances. The master suite, a haven of tranquility located at the rear of the house, includes a cozy gas fireplace and a private covered deck offering picturesque easterly views. An elegant dining/family room combination opens into a sunroom, inviting you to unwind amid the tranquil sounds of nature. Upstairs, three delightful bedrooms and two full bathrooms provide ample space for family living. An additional room with a separate entrance beneath the home offers flexibility for guests, a home gym, or other uses. The property's tiny house, with its own spacious patio and private covered deck overlooking the creek, adds a unique touch. A sophisticated patio area between the main house and tiny house creates an ideal setting for entertainment. The convenience of an automatic Generac generator enhances this property's appeal, making it a truly exceptional find.